Class Details

What you can expect to learn from our new short course: The Wheel Strategy, and what makes Sheridans Wheel different?

Class Description: We are excited to continue in our new On Demand Video Series, which will take a “Deep Dive” into many of our most Popular and Successful Option Strategies! Our next release is the “The Wheel Strategy“. 

The “Wheel” System describes the process of Selling Puts and Covered Calls. There is much General information out there on this strategy. For the first time that I’ve seen, Jay Bailey, Teacher at Sheridan Mentoring, has tackled the specifics of this Popular strategy. He will show you how to pick the right strikes, best duration, and most importantly, how to methodically execute this strategy Month by Month. He has also come up with some useful Risk management techniques for you.

So for all you folk out there who have done or are considering Covered Writes or Selling Cash Secured Puts Puts in Stocks or ETF’s you like, this is a great manual to give you the practical Knowledge and confidence to start putting these great strategies to work!

As with all our courses, you will have a dedicated Class Page with the Videos and Power Point Slides which you will have access to. The most important thing on the student Class Page in my opinion, is the Q and A Button you can click on to Ask questions about the Class Material. This way, you get the teaching, and also the ability to ask Mark questions if you don’t understand something!

In this course you will learn:

– High Level View
– Flowchart for Simple Wheel
– Steps for Simple Wheel
– Steps for Enhanced Wheel
– Which Stock to use?
– Which Put to Sell?
– Which Call to Sell?
– Call Exercise

Jay Bailey was a Sheridan Mentoring student before joining the SOM staff as a Mentor. Jay has been passing on his knowledge for over 10 year at Sheridan and is excited to bring this in depth look at The Wheel Strategy!

Class Format: You get Immediate access to this is a Pre-Recorded On-Demand class! Once a student purchases this course, an email is then sent, containing login credentials to access the archived class page. Purchasing access to a class gives at least 6 months of access to all recordings, as well as PDF’s and PowerPoints.

Any questions? Call us at 800-288-9341 or jump into the live chat in the bottom right corner of your screen or you can email us at

Class Specifics:

  • 1 hour of recordings archived for your review.
  • Almost 20 slides in PDF.
  • You can email questions directly to Jay with your “Ask Jay a Question” button on your archive class page.

Important Notice- Course Materials Disclaimer

The course offering can change at any time at Sheridan Options Mentoring’s Discretion. Any changes to this Educational Program will be posted on the web site, which will serve as notification of any changes. Dan Sheridan’s classes are for Educational purposes only. We are not an advisory service, nor do we guarantee any kind of return on investment. Sheridan Mentoring does not offer refunds on online class purchases.

Important Notice- Risk Disclaimer

Futures & Stock options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and stock options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to buy or sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The pas performance of any stock option trading system or methodology is not necessarily indicative of future results.

Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual stock option trading. Also, since the option trades have not actually been executed, the results may have under- or over- compensated for the impact, if any, certain market factors, such as lack of liquidity. Simulated stock option trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.[/vc_column_text][/vc_column][/vc_row]